Freddie Mac Seller/Servicer Guide 8601.6: Property preservation, title management and lien considerations
The brown font text used throughout this chapter denotes the special requirements for Servicing Senior Subordinate Mortgages.
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 8601.6 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Preserving the Mortgaged Premises
- (b) Expenses that may become First Liens on the Mortgaged Premises
- (c) Delivery of clear and marketable title
- (d) Vesting the title and avoiding transfer taxes
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.